Bracebridge Capital Overview
Bracebridge Capital is a well-known hedge fund manager based in Boston, recognized for its innovative and entrepreneurial approach. The firm was founded in 1994 and focuses on an absolute return strategy, aiming to generate positive returns by finding pricing inefficiencies in various securities and derivatives, mainly in fixed income markets.
Bracebridge manages assets for a wide range of global investors, including endowments, foundations, pensions, and high-net-worth individuals, building long-term relationships with its clients.
The firm was co-founded by Nancy Zimmerman, a former Goldman Sachs employee and graduate of Brown University, and Gabriel Sunshine, a Harvard graduate from the class of 1991. Sunshine is also married to Geraldine Acuña-Sunshine, co-chair of the Harvard College Fund.
With its headquarters in Boston, Bracebridge Capital remains a leader in the investment management industry.
Bracebridge Capital AUM
According to most recent regulatory filings, Bracebridge Capital has $71.8 BB in assets under management as of March 31, 2023.
Bracebridge Capital Interview Process & Questions
While firms may adjust their interview process for each candidate, if you’re interviewing at Bracebridge Capital or a similar firm, here’s what you can typically expect:
- Around 4 to 6 interview rounds
- Initial interviews are often led by junior investment professionals or the HR team, with more senior members conducting the later rounds
- The process usually spans several weeks, unless it’s part of “on-cycle” or “on-campus” recruiting
At Bracebridge Capital, you’ll likely face a combination of fit, behavioral, and technical/investing questions.
If you need assistance preparing, take a look at my Growth Equity Interview Guide.
Why Bracebridge Capital
The question “Why this firm?” is one of the most frequent and crucial ones you’ll encounter in interviews.
If you’ve had the chance to network, this is a perfect opportunity to highlight anyone you’ve connected with from the firm and the positive impression they left on you.
It’s always a smart move to research the company beforehand. A great way to do this is by listening to interviews with the firm’s founders or key investors, which can provide valuable insights.
For example, here’s a discussion with Nancy Zimmerman, Co-Founder of Bracebridge Capital:
More Interview
Bracebridge Capital Case Study
It’s common for interviewees to encounter a case study during interviews, as it allows firms to evaluate both your technical expertise and communication skills.
At firms like Bracebridge Capital, case studies typically focus on financial modeling and investment recommendations. For junior positions, you may also be tested with a cold calling case study.
If you need assistance preparing for case studies, take a look at our course.
Bracebridge Capital Salary & Compensation
According to Glassdoor, analysts at Bracebridge Capital earn an estimated total pay of $95K per year, while there is no recent data for associate hires. Figures will vary depending on the applicant’s experience, skills, and education.
Analyst
Bracebridge Capital Careers, Jobs, & Internships
To see open roles at Bracebridge Capital, check out our job board which features all open roles for them and other similar firms.
Bracebridge Capital Portfolio & Investments
On November 8, 2022, Bracebridge Capital LLC reported a new investment in Clean Earth Acquisitions Corp. (NASDAQ: CLIN) during the second quarter, as noted in its latest SEC filing.
The firm acquired 600,000 shares, valued at approximately $5.93 million. This investment represents about 0.9% of Bracebridge Capital’s overall portfolio, making it their 9th largest position.
By the end of the quarter, Bracebridge held 2.51% of Clean Earth Acquisitions.
Clean Earth Acquisitions Corp. aims to merge with or acquire businesses through a variety of means, focusing on companies within the clean energy sector, including carbon, hydrogen, sustainable agriculture, and renewable energy.
Next Steps
If you’re aiming to become a professional investor at Bracebridge Capital, I strongly suggest checking out my Growth Equity Interview Guide.
This self-paced online course is designed for those looking to break into growth equity and improve their chances of landing their desired role. It covers key topics often seen in interviews, including case studies, financial modeling, and more.
Break Into Growth Equity
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